Intraday-trading
UKX Hourly - About to hit multiple resistance levelsWe had the beautiful bounce off 6480 lateral support as expected, and once again the 6600 level is acting as a magnate. Massive hourly candle, but about to hit a number of resistance levels, namely: prior channel support, 20SMA, lateral resistance. Risk reward looks decent and will be keeping trailing stop nice and tight
UKX Hourly - Expecting tug of war at 6600As posted yesterday - we got the gap close and lateral resistance held at 6625/35. We do now have minor support now at 6600 and a flat 20SMA. Trend is still down, but will be keeping an eye to see if we can get a bullish hourly candle here - otherwise back down to sub 6500 we go. Patience required as we wait for confirmation.
RUNEUSDT Intraday Trading Opportunity with Hammer StrategyHello, dear subscribers!
The RUNEUSDT price was in a weak downtrend during last 6 hours, and now our Automatic Hammer Strategy Revealed the potential trend reverse to the uptrend.
The pattern technical analysis confirmed this assumption: we can see the bullish flag on the chart. The price was in uptrend, after there was a volume peak and consolidation phase with the lower volume. The price bounced off the RSI centraline, which confirmed that downtrend will not continue. The Stoch RSI demonstrates the coin oversold zone. We expect the break up the flag and 4.5% price growth from 0.9625 to 1.0057.
The alert was automatically executed by SkyRock Signals trading bot.
TOMOUSDT Hammer SignalHello, dear subscribers!
Our Autmatic Intraday Hammer Strategy revealed the potential trend reverse in TOMOUSDT price movement from the downtrend to uptrend.
Technical analysis confirmed this assumption. We can notice that the price is in the upward trend channel. Now price is on the support level, there is a high probability of rebounce. The Accumulation/Distribution Indicator demonstrates the weak bullish divergence: the price was in the downtrend, while the A/D value was almost at the same level. The final point of this analysis is that Stoch RSI indicates the oversold TOMO zone.
We expect the 4.5% price growth from 0.7318 to 0.7647. The alert was automatically executed by SkyRock Signals trading bot.
Pánico en BTC/USD se esperan niveles más bajos! El BTC continua a la baja tal como se ha pronosticado en distintos análisis de colaboradores y analistas. Al día de hoy su estructura se encuentra en un rango entre los $9.000 y los $9.900 para operaciones intradía y/o scalping. Como dato interesante notamos como cada vez que el precio llega a un soporte relevante su volumen de operación es cada vez menor comparado con el punto de soporte anterior, por lo que nos da pie a considerar que puede seguir bajando un poco más antes de que los "Toros" quieran interesarse en la criptomoneda. Otro dato a considerar es que nos encontramos a principios de mes (01-02-18) y es muy buena oportunidad para "cazar" niveles de compra baratos para mantenerlos hasta fin de mes y recoger posibles ganancias considerables como ha sucedido en los últimos 4 años en la historia del bitcoin y otros mercados bursátiles, donde enero es un mes que tiende a cerrar en negativo. Atentos a los próximos análisis y posibles acciones del precio. Recordemos que por más que podamos tener las estadísticas a mano el precio "siempre hará lo que quiera" y no podremos controlar este aspecto de los mercados. Feliz dia y buen trade a todos!
Sell Stop Signal for GBPUSDSell Stop order at 1.47228
Target 1.4525, I also suggest to trail.
Stop Loss above 1.4780
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is hit.
Buy Limit Areal for USDCAD continuation UP MoveThe pair is showing strength, and a possibility of continuing it's up movement towards 1.2950 is Highly possible, due to a pair's behaviour I suggest Using a limit orders to enter. The limit orders areas:
1.27737
1.27480
1.27330
The Lowest Stop Loss - 1.2730
GBPJPY Current reviewThe price has formed new high, in case of 179.139 Level breakdown, the target will be at 178.223
Not recommending to sell of the market, but watch a PA to enter short, as a Short move has been confirmed by momentum - towards the main trend direction.
As for now, the SL's above 180.176 Target 178.223
Trading currencies with no stop losses is equal of being on the war without weapons.
Stop Loss must not be more than ATR*3 (my subjective opinion)
In case if the current set up doesn’t let me to place a stop loss of this size, I will Use Limit orders. If the Stop loss is triggered, and the price is still going in chosen direction, I prefer not to lose a trade, and re-entering the position, with a short stop loss.
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is hit.
P.S. Using a small stop losses in my strategy makes them triggered quite often, however, it saves my account from wide drawdowns, and keeps my RRR positive.
This is a short term idea and is suitable for intraday – intraweek traders, if the position is open, I’m usually not holding it for more then 1-2 days.
USDJPY Observation (Still got room to go Up)The pair's price has formed unwritten highs on a 1h chart .
The PNF gives a potential target at 123.75.
The correction can start of the 121.50 level, but is less likely, as a bullish market continues.
In case of a non-false 121.50 level breakout, the target is at 123.75 and SL below 121.100
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
P.S. Using a small stop losses in my strategy makes them triggered quite often, however, it saves my account from wide drawdowns, and keeps my RRR positive.
Tuff day for Bears, but a good RRR Short Set UpThe pair is in a bearish mood on a daily and 4h chart.
At the moment Sell with SL above 1.0725 1st target at 1.0500 2nd at 1.0325
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
P.S. Using a small stop losses in my strategy makes them triggered quite often, however, it saves my account from wide drawdowns, and keeps my RRR positive.
GBPUSD TArget at 1.4750The pair has broken down the 1M Support.
The target for this move is 1.4750, However News can have an effect.
Sl's above 1.4900
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
AUDUSD Short for nowThe pair retraced almost to 50% of the previous 4h down move. At he moment it gives selling opportunity, but the correction can take another swing, so be careful.
For now, the nearest support area is at 0.7650
at the moment for a short set up:
Sell Limit order at 0.7675
Target1: 0.765
Target2: 0.761
Stop Loss: Above 0.77
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)